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FEB Functional Technologies Corp.

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Share Name Share Symbol Market Type
Functional Technologies Corp. TSXV:FEB TSX Venture Common Stock
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Functional Technologies Launches New Selectively Bred Phyterra(TM) Hydrogen Sulphide (H2S)-Preventing Wine Yeasts in Ten Coun...

14/09/2012 2:00pm

Marketwired Canada


Functional Technologies Corp. (TSX VENTURE:FEB)(OTCQX:FEBTF) (the "Company") is
pleased to report a successful commercial 2012 launch of its new selectively
bred Phyterra(TM)-branded hydrogen sulphide (H2S)-preventing wine yeast strains
that have also been selected for low sulphur dioxide (SO2) production. This
follows trial purchase releases of the Company's initial yeasts, over the past
two years, which have garnered high praise from hundreds of wine producers in
the U.S.A. and Europe. Marketed by the Company's wholly owned subsidiary,
Phyterra Yeast Inc. ("Phyterra"), its wine yeast product portfolio is now being
represented by seven respective distributors in ten countries including the
U.S.A., France, Italy, Spain, Portugal, Germany, Greece, Chile, Canada and soon
New Zealand. 


In the U.S.A., currently Phyterra's lead market entry, Doug Manning, Sales
Manager for distributor BSG Wine said, "We are very pleased with this season's
sales growth from Phyterra's H2S-preventing yeast strains, now produced by
selective breeding and have been selected for low sulphites (or) Total Sulphur
Dioxide ("SO2") levels. Due to unexpectedly strong interest from U.S. commercial
wineries we have found ourselves having to restock Phyterra's product from the
Company twice this harvest, and this harvest is just beginning to get moving.
Imagine now being able to make wine without H2S and with low sulfites. You don't
have to imagine anymore. That is what our customers are getting excited about
with Phyterra's H2S-preventing wine yeasts versus competing products." 


The Company's proprietary H2S-preventing wine yeasts provide winemakers with a
seamless solution to prevent and reduce the sensory defects (e.g. a distinct,
noxious rotten-egg smell) associated with H2S, a gas naturally emitted as a
byproduct of fermentation that represents a well-recognized, widespread industry
problem and which can lead to a potential devaluation of wine. Functional
Technologies' Phyterra(TM) line of wine yeasts enable winemakers to prevent the
problem from occurring, rather than resorting to remedial solutions that remove
H2S after the wine has already been tainted in production. This in turn can
provide winemakers and wineries with considerable time, labour and cost savings.



"These strains have demonstrated confirmed normal winemaking characteristics and
independent evaluations from many commercial wineries and winemakers have
reported that wines produced with the Company's H2S-preventing wine yeasts are
more fruity, floral, and balanced with very elegant and pleasant aromas compared
to similar commercial strains available on the market," said Howard Louie, the
Company's Chief Business Development Officer. "Our product team is already
working on adding to our current line-up of yeast strains Vivace, Allegra and
Andante. This will soon provide winemakers with more choices that enable them to
meet their varying needs in respective winemaking regions, which in turn should
enhance solid sales growth for Phyterra's products throughout the global wine
industry."


About Functional Technologies Corp. 

Functional Technologies develops and commercializes proprietary, advanced
yeast-based solutions to significant challenges in the food, beverage and
healthcare industries. The Company's platform improves the performance of innate
yeast functions, and prevents the formation of naturally occurring toxins and
contaminants that either affect final product quality or are classified by the
World Health Organization as probable human carcinogens. Functional
Technologies' lead technologies include yeasts that prevent and reduce the
formation of the foul-smelling hydrogen sulphide (H2S) and the carcinogen
acrylamide, by-products of food and beverage processing. These contaminants are
found in many commonly consumed items, such as fermented food products and
alcoholic beverages, and baked and fried foods. For more information, please
visit our website at www.functionaltechcorp.com.


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1 Year Functional Technologies Corp. Chart

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1 Month Functional Technologies Corp. Chart